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FIRSTAT OF AMERICA COMPLETES PUBLIC OFFERING

 FIRSTAT OF AMERICA COMPLETES PUBLIC OFFERING
 WEST PALM BEACH, Fla., March 16 /PRNewswire/ -- Firstat of America,


Inc., announced that it has completed the sale of a total of 3,450,000 shares of common stock pursuant to a Regulation A Offering Statement filed with the Securities and Exchange Commission. The offering was underwritten by Peterson Brothers Securities Company of Edina, Minn., and R.J. Steichen & Company of Minneapolis. The initial closing occurred on Feb. 24, 1992, with the underwriters exercising their over-allotment option to purchase 450,000 shares on March 11, 1992.
 Firstat is a franchisor of businesses providing comprehensive in- home healthcare services as well as staff relief services to hospitals and other healthcare facilities. In connection with the offering, Firstat acquired all of the stock of a company previously under common ownership which provided the same healthcare services at Firstat franchisees.
 For information, contact Kenneth W. Rickert, Jr., president of Firstat of America, Inc., Suite 450, 1645 Palm Beach Lakes Boulevard, West Palm Beach, Fla., 33401; phone, 407-684-9000.
 -0- 3/16/92
 /CONTACT: Kenneth W. Rickert, Jr., president, of Firstat of America, 407-684-9000/ CO: Firstat of America, Inc. ST: Florida IN: HEA SU: OFR


AL -- MN007 -- 8249 03/16/92 11:10 EST
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Publication:PR Newswire
Date:Mar 16, 1992
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